Asian Shares: China Shares Teeter on Losses

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares recovered from recent losses with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. ...

Citrix Systems CEO to Retire

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Citrix Systems Inc. announced the retirement of its long time chief executive, Mark Templeton, and the workplace-software company announced plans to appoint Jesse Cohn of Elliott Management Corp. to its board of directors. The news comes as the company reported ...

Solvay to Buy Cytec Industries for $5.5 Billion

TODAY: July 29, 2015 PUB DATE: July 29, 2015

BRUSSELS?Belgium-based chemicals company Solvay SA on Wednesday said it is buying U.S. counterpart Cytec Industries Inc. for $5.5 billion to boost its product offering. Solvay said it would pay $75.25 a share for Cytec and finance the deal by raising ...

Asian Shares: China Shares Break Three-Day Losing Streak

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares ended higher Wednesday as officials stepped up efforts to calm markets, while other Asian shares were roughly flat, with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. The Shanghai Composite gained 3.4%, ...

U.K. Mortgage Lending Hits Seven-Year High

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Jason Douglas and Jon Sindreu LONDON--Lending to U.K. homebuyers increased in June by the largest amount in seven years and new mortgage approvals rose, signs that activity in the housing market is picking up. Mortgage lending rose by 2.6 ...

European Stocks Build on Gains

TODAY: July 29, 2015 PUB DATE: July 29, 2015

European stocks rose Wednesday, cheered by a further stabilization in Chinese equity markets, but trading volumes were expected to remain thin and investors cautious ahead of a policy statement from the U.S. Federal Reserve later in the day. The Stoxx ...

Global Markets Build on Gains -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Josie Cox Global stock markets edged higher Wednesday tracking a slight rebound in Chinese equities, but trading volumes were expected to remain thin and investors cautious ahead of a policy statement from the U.S. Federal Reserve. The Stoxx Europe ...

ASIA MARKETS: Chinese Stocks Close Higher, Halting 3-day Skid

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Gains baffle many analysts, who suspect government intervention China's shares ended higher Wednesday, with sharp gains in the last half-hour of trading, as officials stepped up efforts to calm markets. The Shanghai Composite gained 3.4%, ending at ...

S&P Lowers Brazil's Credit Outlook -- Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Citrix Systems CEO Mark Templeton to Retire -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Don Clark and Neil Haggerty Citrix Systems Inc. said Chief Executive Mark Templeton planned to retire after two decades at the software maker, which announced a series of leadership and potential structural changes in the wake of pressure from ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is ...

Correction to South Korea MERS Article (on Tuesday)

TODAY: July 29, 2015 PUB DATE: July 29, 2015

South Korea's central bank has cut interest rates once since the outbreak of MERS. "South Korea MERS Outbreak Is Over, Government Says," at 0307 GMT, incorrectly said it had cut interest rates twice in the eighth paragraph. (END) Dow Jones ...

SSE PLC SSE PLC GAS ASSETS ACQUISITION

TODAY: July 29, 2015 PUB DATE: July 29, 2015

TIDMSSE RNS Number : 3660U SSE PLC 29 July 2015 SSE plc GAS ASSETS ACQUISITION SSE plc, through its wholly-owned subsidiary SSE E&P; UK Limited, has entered into an agreement with Total E&P; UK Limited to acquire: a 20% interest ...

Correction to Dollar Article

TODAY: July 29, 2015 PUB DATE: July 29, 2015

The euro fell against the yen, reaching Y136.55 midday from Y136.60 overnight. "Dollar Flat Against Yen, Euro Ahead of FOMC," at 0522 GMT, misstated the direction of the movement in the 11th paragraph. (END) Dow Jones Newswires July 29, 2015 ...

Unilever Prices $1 Billion Bond Offering

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Tapan Panchal LONDON--Unilever PLC (ULVR.LN) said Wednesday that it priced a dual-tranche $1.0 billion bond on the U.S. market. The consumer goods company priced $500 million worth of 2.1% fixed rate notes due July 30, 2020, and a further ...

Siemens, Bombardier in Early-Stage Talks on Train Merger -- Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Eyk Henning and Christopher Alessi German industrial conglomerate Siemens AG is in talks to combine its rail unit with Canada-based Bombardier Inc.'s train business, people familiar with the matter said. The talks between two of the world's largest train ...

Sainsbury's Sells Pharmacy Business to Celesio for GBP125 Million--Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Saabira Chaudhuri LONDON--Britain's second-largest supermarket chain J Sainsbury PLC (SBRY.LN) has agreed to sell its pharmacy business to LloydsPharmacy owner Celesio AG (CLS1.XE), the latest fallout from a fiercely competitive grocery market. The sale of 281 pharmacy sites will ...